Category: Blog

Biggest One-Day Value Factor Gains in History Will the value rotation continue? Image: Financial Times

Actual and Fair Value Estimate of the S&P 500 Index Level The fair value model from J.P. Morgan sees upside for the S&P 500 in 2021. Image: J.P. Morgan

Value Stocks – ISM Manufacturing New Orders Index vs. S&P 500 High Beta Index/S&P 500 Low Volatility Index Value stocks should benefit from an economic rebound, as the ISM Manufacturing New Orders Index is at a 17-year high. Image: Morgan Stanley Wealth Management

Central Bank Speech-Stance on Central Bank Digital Currencies (CBDC) Central bank digital currencies (CBDC) are now more popular than ever. Image: Goldman Sachs Global Investment Research

G4 Central Banks’ Balance Sheet in 2022 The G4 central banks’ balance sheet is expected to reach $29 trillion in 2022. Image: Morgan Stanley Research

U.S. Zombie Companies and Debt The cost of extended monetary easing: U.S. zombie companies have accumulated $1.4 trillion of debt. Image: Bloomberg

Gold Supply-Demand Shift and Price Morgan Stanley sees gold prices at $1,745/ounce in 2022, as real rates are expected to move up. Image: Morgan Stanley Research

FY2 P/E Multiple of S&P 500 Top and Bottom Sector-Neutral Valuation Quintiles The valuation dispersion for stocks in the S&P 500 is historically high. Image: Goldman Sachs Global Investment Research

AAII Bullish Sentiment Above 50 Historically, a reading above 50 for the AAII Bullish Sentiment is contrarian bearish. Image: BofA Global Research

Sentiment – FMS Investor Optimism on Stocks Is it time to sell on vaccine news, as BofA suggests? Image: BofA Global Fund Manager Survey

Performance – Value Sectors vs. Growth Sectors When the probability of an effective vaccine has increased, value sectors have outperformed the S&P 500 index while growth sectors have lagged. Image: J.P. Morgan Asset Management